BNW Developments: Projects, Founders, and UAE Expansion

Introduction

BNW Developments is a UAE-based luxury real estate development company with its main office in Dubai. The company is known for premium residential projects, branded residences, and mixed-use developments across Dubai and Ras Al Khaimah.

As of August 2026, BNW Developments says it has 12 developments at different stages in the UAE. Many of its best-known projects are located on Al Marjan Island in Ras Al Khaimah, while the company has also expanded into Dubai.

BNW Developments is led by Ankur Aggarwal, Founder and Chairman, and Dr. Vivek Anand Oberoi, Co-Founder and Managing Director.

The company has also worked with well-known international brands including Taj, Wyndham, Radisson Blu, Tonino Lamborghini, and FashionTV.

People researching other developers and companies operating across the Emirates can also explore these UAE business and company guides.

What Is BNW Developments?

BNW Developments is a real estate development company focused mainly on luxury properties in the United Arab Emirates.

Its projects include:

• Luxury apartments
• Branded residences
• Waterfront homes
• Hotel residences
• Mixed-use developments
• Premium residential towers

The company has become especially connected with Al Marjan Island, one of Ras Al Khaimah’s growing waterfront development areas.

BNW is also developing projects in Dubai and RAK Central.

BNW Developments Quick Facts

Detail	Information
Company Name	BNW Developments
Industry	Real Estate Development
Headquarters	Dubai, UAE
Founder and Chairman	Ankur Aggarwal
Co-Founder and Managing Director	Dr. Vivek Anand Oberoi
BNW Developments Started	2024
Main Markets	Dubai and Ras Al Khaimah
Major RAK Area	Al Marjan Island
Developments	12 projects at different stages as of August 2026
Reported Development Value	More than AED 32 billion
Planned UAE Homes	Around 10,000 over four years

The AED 32 billion figure refers to the company’s reported gross development value, or GDV. It should not be understood as BNW’s annual revenue, profit, or company valuation.

Who Founded BNW Developments?

Ankur Aggarwal is the Founder and Chairman of BNW Developments.

According to the company’s official leadership information, Aggarwal entered the real estate industry in 2021.

He established BNW Buying and Selling LLC in 2023, which focused on buying and selling land and plots in the UAE.

BNW Developments was then initiated in 2024 as a development business focused on luxury property projects.

This distinction is important because some people may incorrectly describe 2021 as the founding year of BNW Developments. The company’s own leadership information identifies 2024 as the year BNW Developments was initiated.

Who Is the Managing Director of BNW Developments?

Dr. Vivek Anand Oberoi is the Co-Founder and Managing Director of BNW Developments.

He works alongside Ankur Aggarwal in the leadership of the company.

It would not be accurate to describe one individual as the only owner of BNW Developments because verified public information reviewed for this article does not establish exact company shareholding percentages.

Where Is BNW Developments Based?

BNW Developments is headquartered in Dubai, United Arab Emirates.

Its real estate portfolio, however, is spread across more than one emirate.

The company’s main development markets are:

Dubai

BNW has expanded into areas including:

• Al Furjan
• Al Jaddaf

Ras Al Khaimah

BNW has a large number of projects in:

• Al Marjan Island
• RAK Central

Al Marjan Island is especially important to BNW’s development portfolio.

BNW Developments Projects

BNW Developments has announced and developed several premium projects across the UAE.

Tonino Lamborghini Residences

Tonino Lamborghini Residences is located on Al Marjan Island in Ras Al Khaimah.

The development is planned to include around 378 units, including different types of luxury residential properties.

The project carries the Tonino Lamborghini brand.

Its targeted handover is in the fourth quarter of 2028.

La Perla

La Perla is another BNW project on Al Marjan Island.

Construction activity began alongside Tonino Lamborghini Residences in 2026.

The project is targeted for completion in the fourth quarter of 2027.

Taj Wellington Mews

Taj Wellington Mews is a branded residential development on Al Marjan Island.

The project was announced through a partnership involving BNW Developments and Indian Hotels Company Limited.

The project is planned with 336 apartments.

It also marked an important expansion of the Taj brand into Ras Al Khaimah.

Aqua Maya

Aqua Maya is part of BNW Developments’ Al Marjan Island portfolio.

It is positioned as a premium residential project in the waterfront destination.

Aqua Arc

Aqua Arc is another BNW residential project on Al Marjan Island.

It forms part of the developer’s growing collection of luxury projects in Ras Al Khaimah.

Aquino

Aquino is also included in BNW’s official Al Marjan Island development portfolio.

Pelagia

Pelagia is another BNW project located on Al Marjan Island.

FashionTV Acacia

FashionTV Acacia combines BNW’s development business with the FashionTV brand.

It is also located on Al Marjan Island.

BNW Developments Projects in Dubai

BNW is not limited to Ras Al Khaimah.

The company has started expanding its property portfolio in Dubai.

Orvessa Residences by Michel Adam

Orvessa Residences is located in Al Furjan, Dubai.

The project marked an important step in BNW Developments’ entry into the Dubai property development market.

Ramada Residences by Wyndham

BNW is also developing Ramada Residences by Wyndham in Al Jaddaf, Dubai.

The development is connected with the internationally known Wyndham hospitality brand.

Radisson Blu Hotel and Residences

BNW Developments has also announced a project with Radisson Hotel Group.

The Radisson Blu Hotel and Radisson Blu Residences development is planned for RAK Central in Ras Al Khaimah.

The project is expected to combine hotel and residential elements.

Its planned opening is in 2029.

Dolce Residences by Wyndham

In August 2026, BNW announced Dolce Residences Ras Al Khaimah, Al Marjan Island.

The project is planned with:

• 93 residences
• Five retail spaces

BNW and Wyndham presented the development as the world’s first Dolce Residences by Wyndham project.

The planned handover is in the fourth quarter of 2028.

How Many Projects Does BNW Developments Have?

As of August 2026, BNW Developments says it has 12 developments at different stages across Dubai and Ras Al Khaimah.

This number may change as the company launches new developments or completes existing projects.

For that reason, the project count should always be used with a date.

BNW Developments’ 10,000 Homes Plan

BNW Developments announced in August 2026 that it plans to develop around 10,000 homes across the UAE over the following four years.

The planned expansion mainly covers Dubai and Ras Al Khaimah.

The company has said that its first project handovers are expected to begin in 2027.

This is a future development target rather than a figure for homes that have already been completed.

BNW Developments Gross Development Value

BNW Developments reported a gross development value of more than AED 32 billion in 2026.

Gross development value is commonly used in real estate to describe the estimated total value of projects within a development portfolio.

It does not mean BNW has earned AED 32 billion in profit or revenue.

It also should not be described as the company’s net worth.

BNW Developments Sales

BNW reported AED 802.3 million in sales during the first quarter of 2026.

The company said this represented strong growth compared with the same period in 2025.

However, this figure was reported by BNW itself.

It should therefore be described as a company-reported sales figure, rather than independently audited financial information.

BNW Developments Brand Partnerships

One important part of BNW’s strategy is the development of branded residences.

Its confirmed collaborations include major international names.

Taj

BNW partnered on Taj Wellington Mews at Al Marjan Island.

Wyndham

BNW has projects connected with Wyndham brands, including:

• Ramada Residences by Wyndham
• Dolce Residences by Wyndham

Radisson Blu

BNW is working on Radisson Blu Hotel and Residences in RAK Central.

Tonino Lamborghini

Tonino Lamborghini Residences is part of BNW’s Al Marjan Island portfolio.

FashionTV

FashionTV Acacia combines real estate development with the FashionTV brand.

These partnerships have helped BNW build a portfolio focused heavily on branded luxury residences.

Is BNW Developments a Dubai Company?

Yes. BNW Developments is headquartered in Dubai, UAE.

However, a large part of its current development portfolio is located in Ras Al Khaimah, especially on Al Marjan Island.

It therefore makes more sense to describe BNW as a UAE real estate developer rather than only a Dubai developer.

Is BNW Developments Active in Ras Al Khaimah?

Yes.

Ras Al Khaimah is currently one of BNW Developments’ most important markets.

Its projects there include developments on Al Marjan Island and in RAK Central.

The company has become particularly associated with branded and waterfront residences in the emirate.

BNW Developments and Al Marjan Island

Al Marjan Island is one of the central locations in BNW’s portfolio.

Projects associated with BNW there include:

• Tonino Lamborghini Residences
• La Perla
• Taj Wellington Mews
• Aqua Maya
• Aqua Arc
• Aquino
• Pelagia
• FashionTV Acacia
• Dolce Residences by Wyndham

This concentration explains why searches for BNW Developments frequently appear together with Al Marjan Island.

BNW Developments Sustainability Initiative

In June 2026, BNW announced an initiative called The BNW Green Print.

As part of the initiative, the company said it had digitised its Sales Purchase Agreement and booking-form processes across its portfolio.

The aim is to reduce the amount of paper used in property transactions.

It is best described as a BNW sustainability initiative because independently measured environmental results have not been established from the information reviewed.

BNW Developments Recognition

BNW Developments appeared in the Best Workplaces in UAE 2026 list by Great Place to Work Middle East.

It ranked 10th in the medium-company category.

The company has also received recognition connected with its branded residential developments.

Awards should not, however, be confused with independent measures of construction quality, investment returns, or financial performance.

Is BNW Developments a Good Developer?

There is no single factual answer that can guarantee whether a property developer is “good” for every buyer.

BNW Developments has a growing UAE project portfolio, major branded-residence partnerships, and projects across Dubai and Ras Al Khaimah.

However, buyers should independently check important property details before purchasing, including:

• Project registration
• Payment plan
• Construction progress
• Expected handover date
• Property specifications
• Sales agreement
• Service charges
• Developer commitments

A company’s marketing claims should not replace a buyer’s own checks.

Frequently Asked Questions

What is BNW Developments?

BNW Developments is a UAE real estate development company focused on premium residences, branded properties, hotels, and mixed-use developments.

Who founded BNW Developments?

Ankur Aggarwal is the Founder and Chairman of BNW Developments.

Who is BNW Developments’ managing director?

Dr. Vivek Anand Oberoi is the Co-Founder and Managing Director.

When was BNW Developments founded?

The company’s official leadership information says BNW Developments was initiated in 2024.

Where is BNW Developments headquartered?

BNW Developments is headquartered in Dubai, United Arab Emirates.

Where are BNW Developments projects located?

Its main current project locations include Dubai, Al Marjan Island, and RAK Central in Ras Al Khaimah.

How many projects does BNW Developments have?

As of August 2026, the company says it has 12 developments at different stages.

What is BNW Developments worth?

A verified company valuation is not established in the information used for this article. BNW has reported a gross development value of more than AED 32 billion, but GDV is not the same as company net worth or valuation.

Final Words

BNW Developments is a growing UAE luxury real estate developer with a strong presence in Dubai and Ras Al Khaimah.

The company is led by founder and chairman Ankur Aggarwal and co-founder and managing director Dr. Vivek Anand Oberoi.

Its portfolio includes projects connected with brands such as Taj, Wyndham, Radisson Blu, Tonino Lamborghini, and FashionTV.

As of August 2026, BNW says it has 12 developments at different stages and plans to deliver around 10,000 homes across the UAE during the next four years.

Its biggest current concentration is on Al Marjan Island, while new developments in Dubai and RAK Central show that the company is expanding into more parts of the UAE.